Greetings Forexia Family, lets analyze GBPJPY.
Based on what i see from the chart that the pair has taken out sellers and buyers from Friday during the Asian session.
Besides the pair has pushed the price lower from the retail resistance which created more sellers in the market. I believe the pair has more potentials to go around 157.6.
Risk and money management tips
- USE STOPLOSS
- RISK 1% or 2% PER TRADE NO MORE
PLEASE USE THIS ANALYSIS AS A GUIDE TOOL FOR YOUR TRADING AND USE PROPER MONEY MANAGEMENT IN YOUR TRADING